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internet index fund, moving higher, top holdings, google, amazon, and ebay, and the tech fund, ign, top holdings here, you may own them, cisco, qualcom, a gain of more than one point. david: more than a stock market, there's a lot of things today, very interesting lineup of guests, big labor, obviously, about to take a devastating blow in michigan, on the verge of becoming a right-to-work state. the man poised to make it happen, putting pen to paper signing the bill into law. governor rick snider. he's going to be joining us live from the office in the state capitol. don't miss this. liz: dangerously close to going over the cliff. you know the date, december 31st. coming up, exclusively on fox business, former treasury secretary paul o'neill as sides dwindle own spendings, he has what needs to be done to get budget under control, easy ways to cut it and who should carry the burden. david: before the busy hour, what drove the markets with today's data download. stocks pushing up for hopes of a deal in the beltway. all three indexes in the green, hosting the three straight day of gains, s
internet index fund, moving higher, top holdings, google, amazon, and ebay, and the tech fund, ign, top holdings here, you may own them, cisco, qualcom, a gain of more than one point. david: more than a stock market, there's a lot of things today, very interesting lineup of guests, big labor, obviously, about to take a devastating blow in michigan, on the verge of becoming a right-to-work state. the man poised to make it happen, putting pen to paper signing the bill into law. governor rick...
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Dec 10, 2012
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google is turning into a shopper's friend this christmas. 80% of people are googling their research on christmas purchases before buying. however, julia krueger of google says this doesn't necessarily mean shopping habits are transitioning to online- only. "they want to feel confident about what they're buying, and feel like they are getting a good value. so not everybody looks for the lowest price, but very often they want to feel good about the price they are paying. so even if it's within a few dollars, it may be a better purchase for someone to buy it locally or to be able to know that they can get it today if they decide to buy at a physical store." kreuger says some of the most searched gifts for kids this holiday season are leap pad tablets, build-a-bear, and g.i. joe. for adults, searches are up for tablets, laptops and engagement rings. fedex workers serving as santa's little helpers this year will have tough sledding this week. the delivery company expects today will be a record- breaker, with 19 million packages being shipped and delivered. 300,000 employees, plus 20,000 sea
google is turning into a shopper's friend this christmas. 80% of people are googling their research on christmas purchases before buying. however, julia krueger of google says this doesn't necessarily mean shopping habits are transitioning to online- only. "they want to feel confident about what they're buying, and feel like they are getting a good value. so not everybody looks for the lowest price, but very often they want to feel good about the price they are paying. so even if it's...
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up with google's innovation with cloud services, not necessarily in the hardware space. no one makes better hardware than apple. they don't need that engineering, they need software engineering to keep up with google to make cloud searching work. >> apple is going to spend 100 million dollars bringing some mac production to the united states. they're going to build these things in america and they've not done that before. what do you make of it. >> they haven't done it in 20 years and i know apple has been wanting to do this. it's been a thorn in the side of apple. stuart: it's for political reasons? >> it's for political reasons, sure, and the thorn in the side is tim cook to deal with worker conditions. >> no, no, no. >> sure. >> you can't tell me, the chief executive says i'm tired of getting on that plane and going to china. >> and i don't know that he cares about getting on the plane. he's tired of the negative pr. >> right. >> and now to the real point. and it's a drop in the bucket. this is all simply to fight the pr war. by the way he said something interesting,
up with google's innovation with cloud services, not necessarily in the hardware space. no one makes better hardware than apple. they don't need that engineering, they need software engineering to keep up with google to make cloud searching work. >> apple is going to spend 100 million dollars bringing some mac production to the united states. they're going to build these things in america and they've not done that before. what do you make of it. >> they haven't done it in 20 years...
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i just record man, 40-year-old, brown hair, short. >> bob: what scares me is google and amazon.com. they are tailor the individual ads. for example, in both kimberly and andrea's position they have shoe ads the experience on amazon and google. >> dana: yeah. >> andrea: yeah. >> dana: also, there is a website i visit a lot and they do that. i visited one -- a website -- visited the company of a website. whatever. website company to get customize jeans and they would make them for you. but i'm really short. i get the custom fit jeans. i went on the website and i got jeans from them. it didn't like them. it sent them back. every time i went on the website to get my news this company would pop up. >> andrea: don't you think that is scary they read the e-mails. so the minute they find out you are single you get match.com. you had viagra ads or something? >> bob: i get them all the time. do you know that eric has a pair -- folks out there, watching. >> eric: this is b.s. >> bob: he bought a pair of jeans for $420 that are rippe ripped. >> eric: diesel jeans. they're not -- they're like $8
i just record man, 40-year-old, brown hair, short. >> bob: what scares me is google and amazon.com. they are tailor the individual ads. for example, in both kimberly and andrea's position they have shoe ads the experience on amazon and google. >> dana: yeah. >> andrea: yeah. >> dana: also, there is a website i visit a lot and they do that. i visited one -- a website -- visited the company of a website. whatever. website company to get customize jeans and they would make...
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Dec 7, 2012
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predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. ♪ ♪ [ male announcer ] while you're getting ready for the holidays, we're getting ready for you. tis the season. for food, for family, and now, something extra -- for you. >> first the wisconsin state capitol, now michigan. hundreds protesting against michigan coming a right to work state. today republican governor rick snyder and gop leaders saying they will push to right to work legislation. and tonight both the michigan house and cincinnati passing the measure. we spoke with.gov nor snyder about the erupting fight. >> nice to see you, sir. >> good to be with you. >> you've had an interesting day at the state capitol. you've had arrests and protests and pepper spray, the police locked protesters out and about an hour later the union got an injunction to open the doors. so what provoked all this today? >> well, if you look at it, it's really about freedom to choose. it's about being pro worker and stepping up for the
predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. ♪ ♪ [ male announcer ] while you're getting ready for the holidays, we're getting ready for you. tis the season. for food, for family, and now, something extra -- for you. >> first the wisconsin state capitol, now michigan. hundreds protesting against michigan coming a right to work state. today republican governor rick snyder and gop leaders...
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predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. >>neil: fema teams are brushing off workers would rush to help people devastated by the storm. then we pick up that story. >>guest: one team of fema first responders deployed during super storm sandy were told to hurry up and wait. a worker said emergency personnel were rushed to for the dix and their liaison did not know they were coming and the staging area had nothing for them to do for four days. they asked for assignments and they were told to go do walmart or check out non-damaged area. a november 3 e-mail shows an administrator in washington urged the regional team to get his people into the field after he learn they were doing nothing. fema official acknowledges there remain delays in getting responders out in the field but says time was mostly spent overcoming logistics and the responders he dealt with were well prepared but the worker says teams were unprepared and fema wasted a lost precious time and efforts we
predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. >>neil: fema teams are brushing off workers would rush to help people devastated by the storm. then we pick up that story. >>guest: one team of fema first responders deployed during super storm sandy were told to hurry up and wait. a worker said emergency personnel were rushed to for the dix and their liaison did not know they were coming...
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google has announced that a new google maps app is available for the iphone. as you can imagine, the rush to get it was so intense by late yesterday it actually temporarily disappeared from the app store. remember back in september, apple ditched the google maps app and put its own on. there's a lot of criticisms about inaccuracies and lack of, i don't know, various things that you would normally expect. >> ending up in australia? >> ending up in australia or getting lost in national parks and stuff like that. so i guess there's people quite relieved right now. >> at least they can use that to find their way to the closest retailer. they're going to be open, 24, 25 hours a day, it seems like. >> it's unbelievable. i think they're going to get every single shopper through the door. you've got big-name companies like toys "r" us and macy's, they're going to stay open around the clock. others like target and nordstroms, but other stores have started a marathon of holiday store hours remaining open 24/7 since december 2nd. and since black friday, most target store
google has announced that a new google maps app is available for the iphone. as you can imagine, the rush to get it was so intense by late yesterday it actually temporarily disappeared from the app store. remember back in september, apple ditched the google maps app and put its own on. there's a lot of criticisms about inaccuracies and lack of, i don't know, various things that you would normally expect. >> ending up in australia? >> ending up in australia or getting lost in...
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rep 0 google, microsoft, facebook, atwitter hosted by the pew center starting at 9:00 a.m. eastern on c-span3. >> the supreme court will look what was passed in 2008 by a majority 6-3, i believe, and they will say that it is precedent. and indiana had a free voter i.d. >> let's talk about the facts. they decided on the indiana case that it was constitutional for them to establish identification. they did not say that all those things were subsequent. >> correct, they talked about indiana. let me finish. umass represented what i said. >> no i did not. >> hold on. >> the supreme court is the law of the land. when i hear these accusations that voter i.d. laws disproportionately affect minorities, it implies to me that we have something missing in our brand. to me, if a white american can get an id to vote and go to the process to follow the law, what are you telling black people? somehow they are not good enough? they are greater than? that's what bothers me about a lot of the rhetoric coming from democrats and laughed. we always have to make special concessions when we do wit
rep 0 google, microsoft, facebook, atwitter hosted by the pew center starting at 9:00 a.m. eastern on c-span3. >> the supreme court will look what was passed in 2008 by a majority 6-3, i believe, and they will say that it is precedent. and indiana had a free voter i.d. >> let's talk about the facts. they decided on the indiana case that it was constitutional for them to establish identification. they did not say that all those things were subsequent. >> correct, they talked...
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predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. so we created the extraordinarily comfortable sleep number experience. around a bed with dualair technology that allows you to adjust to the support your body needs - each of your bodies. our sleep professionals will help you find your sleep number setting. exclusively at a sleep number store. sleep number. comfort individualized. this holiday season, give the gift that's magical: the innovative airfit adjustable pillow at special 30% savings. >> first the wisconsin state capitol, now michigan. hundreds protesting against michigan coming a right to work state. today republican governor rick snyder and gop leaders saying they will push to right to work legislation. and tonight both the michigan house and cincinnati passing the measure. we spoke with.gov nor snyder about the erupting fight. >> nice to see you, sir. >> good to be with you. >> you've had an interesting day at the state capitol. you've had arrests and protests
predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. so we created the extraordinarily comfortable sleep number experience. around a bed with dualair technology that allows you to adjust to the support your body needs - each of your bodies. our sleep professionals will help you find your sleep number setting. exclusively at a sleep number store. sleep number. comfort individualized. this holiday season,...
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but friday they soared on rumors involving google. right now, groupon is giving back a lot of that gain. down almost 8 1/4%. what is going on? >> well, google might be interested in buying groupon. we are seeing gains given back today because a report came out from evercorps, an analyst, saying that he saw no basis to these reports and sees no reason why google would want to buy groupon. so looks like stocks are coming back to earth. there are concerns about its fundamental business model as it tries to expand beyond the deal a day business, that's its core business. >> julia, thank you very much. >>> google stashing billions in off-shore accounts to save a few bucks in taxes and what the deal with jc penney? are they having deals or not? we will discuss it more when we come back. stay with us. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't n
but friday they soared on rumors involving google. right now, groupon is giving back a lot of that gain. down almost 8 1/4%. what is going on? >> well, google might be interested in buying groupon. we are seeing gains given back today because a report came out from evercorps, an analyst, saying that he saw no basis to these reports and sees no reason why google would want to buy groupon. so looks like stocks are coming back to earth. there are concerns about its fundamental business model...
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. >> greta: look at google, perfectly lawferl. they did tax avoidance and managed to do that in bermuda. they saved $2 billion. but this whole idea of tax -- you hear so much from the members of congress and the president, you know, going on for decades that woo need tax reform. then we hear stories like tonight, where 17 senator who is voted for obamacare are now asking for specific tax relief in obamacare for a special interest, which happens to be medical devices. so i mean, the game goes on and on and on, this tax game. we never have a sense of, you know, trying to reform it and making it a good solution for our country. >> sure. yet the impact keeps happening. new jersey increased its rate and lost 25,000 residents by 2011 and $150 million in tax revenue. it gained some on the other side. maryland raised their top rate almost 10% n2008, they had 3,000 people who filed over $1 million and a year later, only 2 ,000, down 50%. the problem here is, if you just keep trying to soak the rich fwe tax american millionaires at 100%, ha
. >> greta: look at google, perfectly lawferl. they did tax avoidance and managed to do that in bermuda. they saved $2 billion. but this whole idea of tax -- you hear so much from the members of congress and the president, you know, going on for decades that woo need tax reform. then we hear stories like tonight, where 17 senator who is voted for obamacare are now asking for specific tax relief in obamacare for a special interest, which happens to be medical devices. so i mean, the game...
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not one reporter who reported that remark went to google -- and i did -- looked at that speech and said as a matter of fact he talks about the role of religion. he talks about the priests in his life. so it's sort of like you're just -- i understand that on deadline it could be difficult, but you're just allowed to spew this stuff and people don't even sometimes use the basic tools of journalism to say really? is that what president kennedy said? >> the best line in that speech which may be kennedy's best speech was the interest here is not what church i go to, it's what america i believe in. the issue on the table here is not my beliefs or faith or lack thereof, it's about this country and what this country should say to people of faith or no faith. it should be how we treat as americans all the different belief systems. >> let me up the ante on what joan just said. that's right. people didn't check. and on deadline, there may be an excuse. to me what happened a lot during this campaign is even when politicians and i think romney did this more than obama, are called out on lies. say wh
not one reporter who reported that remark went to google -- and i did -- looked at that speech and said as a matter of fact he talks about the role of religion. he talks about the priests in his life. so it's sort of like you're just -- i understand that on deadline it could be difficult, but you're just allowed to spew this stuff and people don't even sometimes use the basic tools of journalism to say really? is that what president kennedy said? >> the best line in that speech which may...
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predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. >> greta: if members of congress thought they were taking a long holiday break, they better think again. house mairment leader, eric kantor, warning lawmakers they will stay in washington until a fiscal deal is reached. allen west is here. before we get to the idea of staying in washington, you have said that negotiating with president obama is, to quote you, silly. >> i think when you look at what just happened today, the federal reserve will go into what is using -- >> greta: printing money. a fancy way to say it -- >> to the tune of $45 million a month foritous buy up our own treasury stocks. the argument is about $85 billion per year. when you put it thatn that context and understand that revenues have increased in the united states of america by 10% and spending by the for the government has increased 16% and we have a federal government spending 25s% of our gross domestic product, this is not a revenue issue, this i
predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. >> greta: if members of congress thought they were taking a long holiday break, they better think again. house mairment leader, eric kantor, warning lawmakers they will stay in washington until a fiscal deal is reached. allen west is here. before we get to the idea of staying in washington, you have said that negotiating with president obama is,...
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companies such as google object to the f.t.c.'s characterization on-line stores as digital danger zones with inadequate oversight. in a written statement sent to the newshour, a google spokesman said from the beginning android has had an industry-leading permission system which informs consumers what data an app can access and requires user approval before installation. additionally, we offer parental controls and best practices for developers to follow. in the weeks ahead the f.t.c. is expected to announce major changes to a 1998 law: the children's on-line privacy protection act. it would impose tougher on-line safeguards for children under 13. more now about these concerns and the industry's approach to them. jessica rich is with the federal trade commission. she's the associate director of its division of financial practices. and morgan reed is executive director of the association for competitive technology, an advocacy group for app developers. jessica rich, it's your agency that came out with the report. what exactly is the
companies such as google object to the f.t.c.'s characterization on-line stores as digital danger zones with inadequate oversight. in a written statement sent to the newshour, a google spokesman said from the beginning android has had an industry-leading permission system which informs consumers what data an app can access and requires user approval before installation. additionally, we offer parental controls and best practices for developers to follow. in the weeks ahead the f.t.c. is...
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particularly here at google. we look at what -- web presence can do for a start-up as they increase their potential not only throughout this country but throughout the world. in terms of global exporting. their ideas and their innovations. those regulatory barriers have such a depressing impact on their abilities to get the job done. that is something government can do that doesn't really have any impact in terms of the cost, but can really produce benefits in terms of additional economic -- >> let me fill in the blanks. once we get to this fiscal cliff, there is a very clear innovation agenda that is in front of us. and the condition i think we will have the conditions as a result of the fiscal cliff being behind us and the election turning out the way it did to get at that. the first one i hope will be immigration where we'll create an ability to solve all the whole immigration problem, not just a piece that relates to technology companies, a lot of people say how are we going to compete with china with 1.3 bil
particularly here at google. we look at what -- web presence can do for a start-up as they increase their potential not only throughout this country but throughout the world. in terms of global exporting. their ideas and their innovations. those regulatory barriers have such a depressing impact on their abilities to get the job done. that is something government can do that doesn't really have any impact in terms of the cost, but can really produce benefits in terms of additional economic --...
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here's my take on google and bermuda. the story is this, google funneled nearly 10 billion dollars in to bermuda, where there is no corporate tax. google avoided about 2 billion dollars in worldwide taxes by doing that. by not bringing back specifically to america, they saved a whole lot more. the irony is that eric schmidt was ceo when the money was parked in bermuda, yes the pro-tax, pro-obama eric schmidt avoided the tax that president obama enforces. apart from the obvious hypocrisy, there are two points to be made here. number one, eric schmidt did the right thing for his shareholders. they own the company. they want to share in the money that google makes. the ceo has the responsibility to act in their best interest. if google had brought the money back here, it would have been taxed at the highest rate in the developed world, 35%, and then if it were paid out in a dividend, the money would be taxed again at a rate that may get up to 43% next year. it's in the interest of the shareholders to park it in bermuda. he d
here's my take on google and bermuda. the story is this, google funneled nearly 10 billion dollars in to bermuda, where there is no corporate tax. google avoided about 2 billion dollars in worldwide taxes by doing that. by not bringing back specifically to america, they saved a whole lot more. the irony is that eric schmidt was ceo when the money was parked in bermuda, yes the pro-tax, pro-obama eric schmidt avoided the tax that president obama enforces. apart from the obvious hypocrisy, there...
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let's take a look at google. now this is fascinating tax avoidance. you can name so many companies that do this. bloomberg wrote this story about google as an example of how they do this. google avoided $2 billion in worldwide income taxes by 2011 by shifting $9.8 billion in revenues to a bermuda shell company. they do things like the double irish and the dutch sandwich, which sounds like a different kind of sandwich to me because we're going to have to eat those taxes. if we lived in a real democracy do you think people would let corporations like google shift $9.8 million in taxes away from us or $2 billion in taxes all over the world away from themselves an on to us? that wouldn't happen in a democracy. but in our form of government the people who are served, the people who are represented are the one who is are the largest donors. if you look at how much google gave president obama as an example they gave $737,055. they were his third largest donor. weird how they get to get away with all those tax avoidance schemes. of course, they're not the onl
let's take a look at google. now this is fascinating tax avoidance. you can name so many companies that do this. bloomberg wrote this story about google as an example of how they do this. google avoided $2 billion in worldwide income taxes by 2011 by shifting $9.8 billion in revenues to a bermuda shell company. they do things like the double irish and the dutch sandwich, which sounds like a different kind of sandwich to me because we're going to have to eat those taxes. if we lived in a real...
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a tax strategy helped save google around $2 billion in 2011. recent filings show that google shifted $9.8 billion in revenue into a company in bermuda - a country that is free of corporate income tax. while legal in the u.s., the tax strategies have angered european officials, who argue that big companies including google and starbucks do not pay enough taxes abroad. google says it follows all tax laws and helps create jobs and fuel investments overseas. thanks chuck. up next, two ways traders are using gps to potentialy make money. chart talk is coming up. we have located scott bauer of trading advantage to talk about a couple of stocks that might be in for major rallies, starting with garmin, which makes gps products, and gap, which happens to trade under the ticker gps. good to have you on the show. > > good segue angie. > i thought it was pretty cute. let's take a look at garmin first, which makes the gps. what do you see in the charts that you like here? > > after the announcement a couple weeks ago that it was being added to the s&p 500 i
a tax strategy helped save google around $2 billion in 2011. recent filings show that google shifted $9.8 billion in revenue into a company in bermuda - a country that is free of corporate income tax. while legal in the u.s., the tax strategies have angered european officials, who argue that big companies including google and starbucks do not pay enough taxes abroad. google says it follows all tax laws and helps create jobs and fuel investments overseas. thanks chuck. up next, two ways traders...
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neither google nor apple responded to requests for comment. >> all right. let's get out to kayla tausche again. we're hearing the treasury is going to sell the remaining $240 million worth of aig shares? >> that's correct. we're seeing those headlines just hit the wire now. it's 234 million shares. that's roughly $8 billion. that's the last of the treasury's investment in aig. they will launch a fully public offering. roughly 16% of aig shares. this is a mayjor coupe for the government. still at 33 bucks even though it's down after-hours up from the re-ipo after the financial crisis. >> and it's something that will make the ceo very, very happy. the last couple times he's been on this program, he has been campaigning publicly for the government to do just that. he wants them off his balance sheet and off his back. >> it was an unpopular risk to begin with. so brings this all into the era. >> as kayla pointed out, it turned out to be profitable for the country. >> absolutely. >>> in the meantime, death tax would jump. we talk about why it might cost someone'
neither google nor apple responded to requests for comment. >> all right. let's get out to kayla tausche again. we're hearing the treasury is going to sell the remaining $240 million worth of aig shares? >> that's correct. we're seeing those headlines just hit the wire now. it's 234 million shares. that's roughly $8 billion. that's the last of the treasury's investment in aig. they will launch a fully public offering. roughly 16% of aig shares. this is a mayjor coupe for the...
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google is spending a significant amount of money to see we can do better. what the big frustration is what we talk about education but many of the other social problems that we talked about, when you see that there is such a dramatic technological change and we have not done anything to abandon our educational system. we can see is their ways that we can use these ongoing on-line resources to reach kids and get them to think beyond, to do that type was of things to introduce them to worlds beyond our borders. there are opportunities to shake things up and to cut some of the costs by allowing kids to enter world's and realms of the have never been allowed to enter before through technology and we need to spend more time figuring out how we change that paradigm if we know it. particularly for the pre-k through high-school. how can we learn better based on what we know today? >> let me try two more before we open it up to questions. warren buffett says tax rates do not matter as much as a lot of people pretend when it comes to companies and investment and inno
google is spending a significant amount of money to see we can do better. what the big frustration is what we talk about education but many of the other social problems that we talked about, when you see that there is such a dramatic technological change and we have not done anything to abandon our educational system. we can see is their ways that we can use these ongoing on-line resources to reach kids and get them to think beyond, to do that type was of things to introduce them to worlds...
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he is a former google guys. good to see you. >> hello. thank you for having me spew forth the top tax rate in the country will now be in the state of california, assuming we go back to the 39.6% rate. it is retroactive to the beginning of the year. how crazy is that? >> it is, i think, it is very unusual. it is the first time i have ever seen a retroactive tax. one of the things i think was really surprising to me and a lot of my friends is it really was not described that way in the voter guide which was sent to all of us. they neglected to mention the rector active portion of it. i think a lot of people were really surprised by that. so many businesses still get started in silicon valley because that is where the talent is. the regulation, state and higher taxes in the state do not matter. will this really start to hurt business formation there, do you think. >> i think that is a great question. it is about a 30% tax increase california has done is almost double the taxable gain great. i feel like california is an amazing place. the sil
he is a former google guys. good to see you. >> hello. thank you for having me spew forth the top tax rate in the country will now be in the state of california, assuming we go back to the 39.6% rate. it is retroactive to the beginning of the year. how crazy is that? >> it is, i think, it is very unusual. it is the first time i have ever seen a retroactive tax. one of the things i think was really surprising to me and a lot of my friends is it really was not described that way in...
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look at google taking their money to bermuda. look at all the corporations who can't stand to pay 35% income tax in america that won't bring their money home. money goes where it is welcome. >> let me ask you about google. google managed to do tax avoidance, but i is not illegal, by putting money in bermuda and i think they saved $2 billion in tax avoid dance. what efforts are being done by the democrats or the republicans to discourage that type of lawful avoid dance, but nonetheless, a huge amount of money for a very wealthy company? >> i'm not against them doing that. in fact, i compliment them because that money stayed in the private marketplace. but i would say to folks who are doing that, don't come to washington and agitate for higher taxes if you are avoiding taxes. by all means, continue to legally avoid as many taxes as you can because that keeps money in the private marketplace and helps to create jobs. i'm all for that. but don't come at the same time and go tore higher taxes because we need lower the boys use capital
look at google taking their money to bermuda. look at all the corporations who can't stand to pay 35% income tax in america that won't bring their money home. money goes where it is welcome. >> let me ask you about google. google managed to do tax avoidance, but i is not illegal, by putting money in bermuda and i think they saved $2 billion in tax avoid dance. what efforts are being done by the democrats or the republicans to discourage that type of lawful avoid dance, but nonetheless, a...
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Dec 7, 2012
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predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. stop! stop! stop! come back here! humans -- we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back with great ideas like our optional better car replacement. if your car is totaled, we give you the money to buy one a model year newer. call... and ask one of our insurance experts about it today. hello?! we believe our customers do their best out there in the world, and we do everything we can to be there for them when they need us. [car alarm blaring] call now and also ask about our 24/7 support and service. call... and lock in your rate for 12 months today. liberty mutual insurance. responsibility. what's your policy? >> john: president roosevelt declared december 7, 1941, a day that will live in infamy. on this anniversary of the surprise attack on pearl harbor, william la jeunesse introduces us to a remarkable man. who survived attacks on two battleships. a
predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. stop! stop! stop! come back here! humans -- we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back with great ideas like our optional better car replacement. if your car is totaled, we give you the money to buy one a model year newer. call... and ask one of our insurance experts about it...
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google says it was a global service disruption but after 5- 10 minutesb the service was -- minutes the service was back online. >>> the federal trade commission announced it is investigating certain mobile apps to app. they can capture a child's location, phone numbers and more. the fcc did not specify which companies it is investigating. the act requires companies to gets parental consent before collecting information from children. >>> the vote on facebook's privacy policy ended today. they will go ahead with the policy changes. the vote was 7-1 against the changes. facebook rules require 30% of subscribers to vote. only .07% voted in the election that ended today. >>> george hw abush remains -- george h. w. bush remains hospitalized. he is 88 years old. he is making progress but doctors haven't set a date for discharge. and doctors in south africa plan to perform more tests on nelson mandela who is 94 years old. he was admitted to the hospital over the weekend but no details were released about why he was hospitalized. >>> ford plans to update software to try to solve a problem. for
google says it was a global service disruption but after 5- 10 minutesb the service was -- minutes the service was back online. >>> the federal trade commission announced it is investigating certain mobile apps to app. they can capture a child's location, phone numbers and more. the fcc did not specify which companies it is investigating. the act requires companies to gets parental consent before collecting information from children. >>> the vote on facebook's privacy policy...
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the google vice president also participates. the center for american progress host the line -- live event i'm a tomorrow on c-span. >> this week, crystal wright, editor and publisher of the internet blog site, conservativeblackchick.com. >> crystal wright, why did you call your blog "conservative black chick." >> not a big story behind that. i felt it illustrated who i was. it is literal and fun. i was at a reunion for my all-- alma mater. a good friend of mine said i should just do my own blog. >> when did you start? >> 2009. i started blogging in 2009. i was very frustrated by barack obama's election. he ran as a moderate democrat. to pull people in the red state of virginia turn blue, i said, this is interesting. in january, he began to make his appointments and i began to see the same faces of the clinton administration. i became increasingly frustrated. obamacare is what hit me over the edge. i said, why is this president not focusing on job creation? people do not want universal health care right now. >> when did you becom
the google vice president also participates. the center for american progress host the line -- live event i'm a tomorrow on c-span. >> this week, crystal wright, editor and publisher of the internet blog site, conservativeblackchick.com. >> crystal wright, why did you call your blog "conservative black chick." >> not a big story behind that. i felt it illustrated who i was. it is literal and fun. i was at a reunion for my all-- alma mater. a good friend of mine said...
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. >> brenda: and you google best business anchor gues what you get? neil cavuto and he'sp next. . >> no guts no glory, are we surprised, no deal? so far, not a december to remember, and not with the cast of characters this december, a far cry from these cast of characters, 40 years ago, this december. the month and year man walalked his last steps on the moon. it's weird. four decades ago it seemed like nothing we couldn't do and today looking at the fiscal charade in washington, nothing we can do. >> welcome, i'm neil cavuto and 40 years after man left the lunar surface, politicians barely scratching the surface. >> 20 years after the astronauts made the impossible, possible. finger pointing spend thrifts who make the possible, impossible. how did we go from reaching for the srs to reaching t the other guy's throats. the astronauts who went to the moon and here for yourself, a jaw dropping special, it's a rare tv first in which we were granted unprecedented access to never before seen footage and exclusive interviews with the men who got usthere. i d
. >> brenda: and you google best business anchor gues what you get? neil cavuto and he'sp next. . >> no guts no glory, are we surprised, no deal? so far, not a december to remember, and not with the cast of characters this december, a far cry from these cast of characters, 40 years ago, this december. the month and year man walalked his last steps on the moon. it's weird. four decades ago it seemed like nothing we couldn't do and today looking at the fiscal charade in washington,...
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google 737,000. et cetera and what do they get in return, ed, for giving that money. >> they usually get to bring attention to this andcontinue to do it in a vacume. the president could say . we have a problem. google avoided paying taxs and we need to change that. he will not do that . it is sometimes in ambassadorship. smid is rumored to be a ambassador it goes on both sides of the political party. >> gretchen: it is interesting. instead the talk is the one percent the american individuals than the businesses. >> thank you. >> gretchen: a teacher encouraged to skip class, but she refused and decided to teach the kids. should easy bake ovens made for boys or can they use the ones their sisters got for christmas? that's what my son does. we have an update coming up. ♪ ♪ [ male announcer ] when it comes to the financial obstacles military families face, we understan at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifical
google 737,000. et cetera and what do they get in return, ed, for giving that money. >> they usually get to bring attention to this andcontinue to do it in a vacume. the president could say . we have a problem. google avoided paying taxs and we need to change that. he will not do that . it is sometimes in ambassadorship. smid is rumored to be a ambassador it goes on both sides of the political party. >> gretchen: it is interesting. instead the talk is the one percent the american...
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CNBC
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if you google bermuda tax shelter, you probably get google as the top result. >> indeed. well, news today that google is using bermuda to its tax advantage. and in a very big way. the internet giant is steering $10 billion in overseas profits in the islands nation. therefore avoiding about $2 billion in taxes worldwide. guess what, it is all legal. it benefits the company's bottom line. but opens the company up for criticism. let's bring in ben schacter. saying it's the fiduciary duty that google has to their shareholders. while david callahan says such strategies could hurt the brand. great to have you with us. ben, let me get to you today. we'll get into the ethics in a second. but you say it is good for shareholders. >> i think it's what they have to do. it's their fiduciary duty to protect shareholders and pay as low a tax rate as they legally can. and in this case, that is what they're doing. >> but ethically it feels a little dirty, doesn't it? if all these american companies are hiding their revenues elsewhere. >> i think this is what they have to do. they have leg
if you google bermuda tax shelter, you probably get google as the top result. >> indeed. well, news today that google is using bermuda to its tax advantage. and in a very big way. the internet giant is steering $10 billion in overseas profits in the islands nation. therefore avoiding about $2 billion in taxes worldwide. guess what, it is all legal. it benefits the company's bottom line. but opens the company up for criticism. let's bring in ben schacter. saying it's the fiduciary duty...
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google made a bid, $6 billion. this is a business that hasn't evolved the way anyone would expect. would they buy it? who knows. >> can you believe they knocked back google's offer in 2010 and instead decided to go public. >> i forgot you were there. >> by the way, i was just off camera seeing how the sausage is made because this the ultimate sausage manufacturing facility. i heard that. i never said groogle, dieseline but never that. >> i thought who it was an efficient use of google and groupon. >> may be that if rumors are right. if rumors are right, it may be that. we may have that before long. >> by the way, herb, can you stick around for this one as well because i believe you've got a little bet hanging in the balance, brian. jcpenney, your prediction. >> stocks up a bit. before the prediction, i want to say, enof the year isn't here. stock has to go up 15 points. if it does, still beat brian on the bet. >> you think jcpenney is going to double in two weeks. >> i said all it has to do is rise another 15 points. >> jan turned positive, talked to a focus group who said they lov
google made a bid, $6 billion. this is a business that hasn't evolved the way anyone would expect. would they buy it? who knows. >> can you believe they knocked back google's offer in 2010 and instead decided to go public. >> i forgot you were there. >> by the way, i was just off camera seeing how the sausage is made because this the ultimate sausage manufacturing facility. i heard that. i never said groogle, dieseline but never that. >> i thought who it was an efficient...
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where is the stock of apple-- google-- >> we're watching both, google is higher. what's the story, stuart? what do you think? is it that apple iphone users are finally happy because they've been so annoyed with the new map service at apple, it stinks and happy to get it. stuart: and i think that-- >> is it that they're crawling back to google. stuart: no, no, i think the story is google is socking it to apple and say, hey, we've got an app and put it on the ipad and ipad mini through apple. go away apple maps, it's poi pointless. >> the google guys must be running around the offices with confetti and horns and saying, yes! you couldn't do it without us. stuart: that's exactly right. >> and that's what they're doing over there at google. stuart: that's right, so google is up and apple i think is barely holding its own, i think it's down at the moment. >> it is down 1%. stuart: we've been questioning whether apple is still cool and we'll keep questioning. nicole, thank you very much indeed. again this thursday morning, i've got to tell you it's a dead flat market. l
where is the stock of apple-- google-- >> we're watching both, google is higher. what's the story, stuart? what do you think? is it that apple iphone users are finally happy because they've been so annoyed with the new map service at apple, it stinks and happy to get it. stuart: and i think that-- >> is it that they're crawling back to google. stuart: no, no, i think the story is google is socking it to apple and say, hey, we've got an app and put it on the ipad and ipad mini...
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it's like apple versus google. they went after samsung to spook the herd that uses the samsung platform. >> what about telephones and smart phones? amazon thinks about getting into the phone business. google is into the phone business with motorola. >> phones and tablets are it. we think of them as the fringe device. by later next year tablets will outsell pcs, i mean macs and windows. it's phones and tablets and everything else is a rounding error. >> i still have that little purple flip phone. does that make me a dinosaur. >> you can sell that on ebay as a collectible. >> what do you make of the ipad mini? the smaller one. >> it's the best of the little tablets. such a luxury, high engineer. i carry this cheaper, google, smaller reason. it fits into my jacket pocket. >> let me see it. >> a little too large. >> i have the same problem. you can't put the mini in this. but you can put it right here. that solves the problem. >> that's your middle ground. >> exactly. >> you guys could get a man purse. >> charlie, you
it's like apple versus google. they went after samsung to spook the herd that uses the samsung platform. >> what about telephones and smart phones? amazon thinks about getting into the phone business. google is into the phone business with motorola. >> phones and tablets are it. we think of them as the fringe device. by later next year tablets will outsell pcs, i mean macs and windows. it's phones and tablets and everything else is a rounding error. >> i still have that little...
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predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate or breast cancer. serious side effects could include increased risk of prostate cancer; worsening prostate symptoms; decreased sperm count; ankle, feet, or body swelling; enlarged or painful breasts; problems breathing while sleeping; and blood clots in the legs. common side effects in
predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid...
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predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. a hybrid? most are just no fun to drive. now, here's one that will make you feel alive. meet the five-passenger ford c-max hybrid. c-max says ha. c-max says wheeee. which is what you get, don't you see? cause c-max has lots more horsepower than prius v, a hybrid that c-max also bests in mpg. say hi to the all-new 47 combined mpg c-max hybrid. >> greta: frightening news tonight about al-qaeda in libya. according to the latest western intelligence reports, al-qaeda which is already linked to a terrorist group in libya is now trying to establish a new base following the benghazi terror attack. the obvious fear, of course, is that the terror group will use that base to launch attacks against western targets. former un ambassador john bolton joins us. good evening, sir. is there any sort of terrific surprise out of this news? >> no. this has been a risk every since the overthrow o of gaddafhi that libya will be sufficiently de
predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. a hybrid? most are just no fun to drive. now, here's one that will make you feel alive. meet the five-passenger ford c-max hybrid. c-max says ha. c-max says wheeee. which is what you get, don't you see? cause c-max has lots more horsepower than prius v, a hybrid that c-max also bests in mpg. say hi to the all-new 47 combined mpg c-max hybrid. >>...
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and as for google, we reached out to them, no comment. but ted, google did tell bloomberg it complies with all tax rules. ted? >> we hear this and we hear it every year. ge was in the news last year and it's astounding to people that they're not paying taxes. are regulators in any country doing anything about this? >> well, see, here's the thing. since it's legal, what it boils down to is really this. it's up to governments around the world to change their tax codes. i mean, last week the european commission recommended that countries create pa blacklist of common tax havens and also encourage them to change laws to curb tax abuses. the uk has held hearings and issued reports on this. and it's spending millions to hire special investigators yo s to look into this. they have a new agreement to share new information on taxable income, but any major crackdown is going to take a change in legislation. >> maribel, thank you. >>> the u.s. could launch a mini unmanned space plane in just a few hours and the cargo is classified. we'll have an upd
and as for google, we reached out to them, no comment. but ted, google did tell bloomberg it complies with all tax rules. ted? >> we hear this and we hear it every year. ge was in the news last year and it's astounding to people that they're not paying taxes. are regulators in any country doing anything about this? >> well, see, here's the thing. since it's legal, what it boils down to is really this. it's up to governments around the world to change their tax codes. i mean, last...
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predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. tomato, obviously. haha. there's more than that though, there's a kick to it. wahlalalalallala! smooth, but crisp. it's kind of like drinking a food that's a drink, or a drink that's a food, woooooh! [ male announcer ] taste it and describe the indescribable. could've had a v8. >>neil: always wondered why the suit was red, santa is a spender. >> the tax cuts for 98 percent of american families now. and avoid the tell budget cuts that will harm so many children and their families across this nation. >>neil: you are not santa. actually using santa to sell your pitch for more spending, to the senator from the fine state of north dakota, senator thune. this whole santa thing, he is now entered the fray for more spending. what do you say? >>guest: well, we agreed we ought to citizen the rate for not jut the 98 percent he is talking about but for all americans, no one ought to see their taxes go up this holiday season and this
predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. tomato, obviously. haha. there's more than that though, there's a kick to it. wahlalalalallala! smooth, but crisp. it's kind of like drinking a food that's a drink, or a drink that's a food, woooooh! [ male announcer ] taste it and describe the indescribable. could've had a v8. >>neil: always wondered why the suit was red, santa is a spender....
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he ran google. during his running of google google parked this $9.8 billion in bermuda, thereby avoiding the heavy tax that would have had to have been paid -- if $10 billion had been brought back to america. megyn: is that legal? >> reporter: it's perfectly legal and some would say that's the responsibility of google and eric smith. megyn: so who cares, i know everybody wants everybody to pay more taxes. >> reporter: it may be a case of hypocrisy. we have eric smith at google deliberately avoiding a high tax which the president he supports pushes on american corporations. megyn: he doesn't have to support him in every piece of his agenda, dose? >> reporter: no, but he's an adviser to the president, supporting him financially you would think he would tow the line with the president's policies. megyn: doesn't he have an obligation to google shareholders? >> reporter: his obligation to shareholders is to minimize the tax bite and maximize the return to the shareholders who own google. that's one side
he ran google. during his running of google google parked this $9.8 billion in bermuda, thereby avoiding the heavy tax that would have had to have been paid -- if $10 billion had been brought back to america. megyn: is that legal? >> reporter: it's perfectly legal and some would say that's the responsibility of google and eric smith. megyn: so who cares, i know everybody wants everybody to pay more taxes. >> reporter: it may be a case of hypocrisy. we have eric smith at google...
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basic science innovation, technology innovation -- google is a good example. one anecdote -- i was on the board of a company that had about $13 billion in revenue. 90% came from products that were 120 days or less old. they had to reinvent nearly $13 billion of revenue. these are incremental invention, and understood technology. basically the file cabinets on any technological advice you have. that innovation has to come at all three levels inside that business on a continual basis for it to continue to deliver. one of the major reasons why these devices -- two major reasons they are so powerful is because of the processors and storage. so by the way, in storage, the rate of changes is double every nine months. the point is, in that technology world, you have to think about the company's producing innovation to stay ahead of the curve. >> now that they have an out, it to look at it. >> i don't know how to innovate. what strikes me about innovation, and this is something he gave us an example of a few minutes ago -- retroviruses -- retroviruses as part of the t
basic science innovation, technology innovation -- google is a good example. one anecdote -- i was on the board of a company that had about $13 billion in revenue. 90% came from products that were 120 days or less old. they had to reinvent nearly $13 billion of revenue. these are incremental invention, and understood technology. basically the file cabinets on any technological advice you have. that innovation has to come at all three levels inside that business on a continual basis for it to...
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google has nexus 7. iphone and smartphone that google has. they compete on so many different levels but they know when to play fair and play nice and i guess it is in the area of patents of the apple and google according to various reports are teaming up together to buy a pool of 1100 patents we know the bankrupt kodak is selling out there, $500 million is the price tag. the reason they decided to come to their senses and play fair here, play nice is because when they were sitting on opposite ends of the table they were outbidding each other. they said, let's not do this. not spend more money than we have to. parse out which patents we want and play together. and that is exactly what they're doing. david: but their animosities are stronger than their willingness to work together, correct? >> absolutely. this is no cease-fire in any pay, shape or form. google is going at it. couple things coming out from google today. the company is going after a set-top box company, motorola home. talks it will go after that competing with apple. apple tv wil
google has nexus 7. iphone and smartphone that google has. they compete on so many different levels but they know when to play fair and play nice and i guess it is in the area of patents of the apple and google according to various reports are teaming up together to buy a pool of 1100 patents we know the bankrupt kodak is selling out there, $500 million is the price tag. the reason they decided to come to their senses and play fair here, play nice is because when they were sitting on opposite...
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some users had problems with google calendar and documents for about an hour. there's no word from google about the cause. facebook said it changed a web address. that outage lasted 20 long minutes. >>> and pepsi's latest global partner is my girlfriend, beyonce. beside her appearance at the pepsi halftime show at the super bowl, the singer will appear on everything from soda cans, to commercials, to cardboard cutouts in stores. the deal is thought to be worth 50 million bucks. a lot of that is the time and space for the ads. can't wait to take a long sip of that. >> i'm proud of you for getting through that without sweating and stammering and stuttering. >> indeed. >>> when we come back, doctors using the aids virus to held. the fight against cancer. and one little girl, she is living proof. >>> and a big monday night for tom brady. the patriots hand houston a texas-sized defeat. this family used capital one venture miles to come home for the holidays. that's double miles you can actually use... sadly, their brother's white christmas just got "blacked out." [
some users had problems with google calendar and documents for about an hour. there's no word from google about the cause. facebook said it changed a web address. that outage lasted 20 long minutes. >>> and pepsi's latest global partner is my girlfriend, beyonce. beside her appearance at the pepsi halftime show at the super bowl, the singer will appear on everything from soda cans, to commercials, to cardboard cutouts in stores. the deal is thought to be worth 50 million bucks. a lot...